Silicon Valley startup Lyten will take full ownership of Northvolt Dwa ESS, Europe’s largest energy storage systems factory, ...

Battery energy storage systems (BESS) are on the rise as smarter grid infrastructure begins to emerge, and Lyten has plans ...

California startup Lyten is buying a Polish energy-storage factory from Northvolt AB in a bid to become a global leader with ...

Northvolt's bankruptcy trustee has received an indicative bid from a foreign interested party for the company's business in ...

The factory is located in Gdansk and will manufacture conventional battery energy storage systems as well as those based on ...

Northvolt was a shiny new startup with a pretty logo that promised to “make oil history” by making the cleanest electric car battery the world had ever seen. The Swedish company founded in ...

Northvolt's bankruptcy trustee has received an indicative bid from a foreign party interested in the company's Swedish ...

A Northvolt gigafactory in Sweden’s icy north made Europe’s first domestically produced lithium-ion battery in 2021. Credit: Northvolt. Northvolt’s operations in Sweden are now up for sale.

Beleaguered Swedish battery manufacturer Northvolt announced on Thursday that it was filing for bankruptcy in the U.S., striking a blow to Europe’s ambitions for homegrown lithium-ion batteries.

Northvolt is continuing a strategic review of its business and could streamline further. But CEO Peter Carlsson says he still believes that the long-term outlook for the battery industry is promising.

This week, the Northvolt unit managing the expansion of its main battery-cell factory in northern Sweden filed for bankruptcy, saddling suppliers with about 606 million Swedish kronor ($58.3 ...

The Swedish battery maker Northvolt, once seen as Europe’s strongest competitor to Chinese battery manufacturers, filed for bankruptcy protection in the United States on Thursday. The company ...